How to buy TrueUSD TUSD - Full Guide

In this step by step guide, you’ll learn how to set up your crypto wallet and buy TrueUSD 0x0000000000085d4780b73119b644ae5ecd22b376 on Ethereum.

Flooz Checkout

Flooz has launched a "Checkout" feature that allows you to buy TrueUSD (TUSD) using your local FIAT currency, like Dollars, Euros, Pounds, and Naira. The Flooz Checkout feature currently supports three major chains: Ethereum, BNB Smart Chain, and Polygon.

You pay

You get

What is TrueUSD?

Token price

$1.00

+0.23% last 24H

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Market cap

$493.19 M

24h vol

$781
ChainETH

Holders

41.78 k

Total liquidity

-

TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD. The team believes that TrueUSD will be able to come up with the stable trading instrument for the traders of cryptocurrency that has been long-awaited. This will allow the businesses and consumers to use the digital currency as a medium of an exchange. The goal of the TrueUSD team was to build a coin that is stable and which can be used and trusted by them too. TrustToken is a platform that creates the tokens backed by assets that can easily be purchased and sold all around the world. The first asset token of TrustToken is TrueUSD, which is a stable coin and can be redeemed 1-for-1 for US dollars. TrustToken have partnered with registered fiduciaries and banks for holding the funds securely backed by TrueUSD tokens. To increase the amount of security, fiduciaries, and banks directly handle all the funds. Escrowed funds do not give access to the TrueUSD system. TrueUSD works with various trust companies which already manage around billions of dollars. Just pass an AML/KYC check, send USD to a trust company with an agreement of escrow. When the funds get verified, their API tells the smart contract of TUSD to mint an equal amount of TUSD to your public Ethereum address. The USD funds are regularly verified in scheduled attestations by a very much trusted auditing firm. USD funds are kept safely in a third party account, that is escrow accounts, wherein TrustToken does not hold any direct access to the funds and cannot abscond with them even if they wish to. The token burning and minting system makes sure that every TUSD token is backed by 1 USD. A mandatory check of AML/KYC makes sure that TUSD keeps shady people away from the entire project. TUSD makes faster transactions in low transaction fees. Even though TUSD is a unique offering, it is most likely overshadowed by its bigger competitors - Tether. While TUSD arguably offers more security and features, it may be losing the marketing battle. This is not to say that the situation will remain the same. With more crypto investors joining the market every day, the good times for TUSD may be on their way.

TL;DR

The Flooz Checkout empowers you to buy TrueUSD (TUSD) using any FIAT currency, like Dollars, Euros, Pounds, Ghanaian Cedi, and Naira on: Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (Matic).

Here is how to buy TrueUSD (TUSD) step-by-step with Flooz:

1. Download the Flooz App in the 🔗 Apple App Store or the 🔗 Google Play Store
2. Set up your new wallet or import your existing wallet into the Flooz App
3. Select TrueUSD (TUSD) to buy using your local currency and payment method.
4. Enter the amount and buy TrueUSD (TUSD) and confirm
5. Once your transaction is completed, you can manage, track and swap your TrueUSD (TUSD) inside the Flooz App.

If you've already used the Flooz App, then you know how easy it is. However, if you're new to it, this guide will show you how to buy TrueUSD (TUSD) or any other cryptocurrency.

Please note that cryptocurrencies are subject to high market risk and volatility. Please conduct a thorough research about the risk involved in purchasing cryptocurrency and only invest in products that you are familiar with. This step by step guide is no financial advice or to be viewed as an official endorsement by Flooz about the cryptocurrency itself or the success of the project.

The information about the token is provided by third parties - Flooz does not guarantee and is not responsible for the accuracy of the information presented here. Further, Flooz does not take any liability for your actions on the platform. For more information, please read our Terms of Service.

How to buy TrueUSD in 4 steps in 2024:

Step 1

Scan to download Flooz App

Flooz App is available on Android, in the Play Store, and iOS, in the App Store. Look for "Flooz" or "Flooz: NFTs & Crypto Wallet" in the app stores.
You don’t have to worry about entering any personal information, or wait around to be validated. Downloading the Flooz App is free and doesn't require KYC or account setup. Get set up in less than two minutes, and gain instant access to buy over 180K cryptocurrencies!

Step 2

Set up your Flooz wallet

Setting up your non-custodial crypto wallet using Flooz is simple and secure, we value the importance of privacy and ownership, meaning that you’re the sole owner of your digital assets at all times.

After setting up your Flooz App, always make sure you set a strong 6-digit pin-code or configure your Face ID, and back up your secret phrase to store in a safe place.

If you already have a crypto wallet, then you can easily bring in your assets, NFTs, and transaction records by importing your existing wallet into the Flooz App. Once you're in, you can add up to five accounts for free and use them for various transactions like buying, swapping, spending, and sending tokens to your friends!

When selecting a crypto wallet, there are numerous factors to weigh, but safety should definitely be your first priority. Flooz provides you with a non-custodial wallet, and if you care about security, you don’t want any provider to store your assets on your behalf, right?

This could happen when you let someone else store your funds - FTX lost $6 billion dollars worth of customer funds.

Here’s what happens when the central banking system collapses - Central Nigerian Bank halts all withdrawals of cash above $50 a day.

To learn how to buy TrueUSD (TUSD) with your local payment method, just follow the instructions below.

Step 3

Buy TrueUSD (TUSD) with your local payment method

Buy TrueUSD (TUSD) directly with cryptocurrency or popular payments methods such as Apple Pay, Google Pay, Credit Card, Bank Transfer and Mobile Money (MTN, Vodafone Cash, Airtel Tigo) and others.
Best price guaranteed! Flooz is like Skyscanner. We analyze more than 40 different decentralised exchanges to provide you with the best prices at the fastest routes.

Step 4

Track, manage and trade your TrueUSD (TUSD)

Track the performance of your TrueUSD (TUSD) trade with real-time data and alerts in Flooz. Our powerful portfolio tracker automatically tracks any transaction across 180k different cryptocurrencies on Ethereum, Polygon and the Binance Smart Chain.

You can use Flooz to swap TrueUSD (TUSD) to any currency or send it to any wallet across the world in near real-time!

Why buy TrueUSD (TUSD) with Flooz?

Buy crypto with any currency

Buy or swap any of our 180K+ supported cryptocurrencies. It’s simple, secure and fast.

Safe and secure

The Flooz App is a non-custodial wallet and audited by Sigma Prime. No one but you has full access to your funds. Your keys, your crypto!

Best prices and fastest routes

Buy and trade any token on all popular chains at the cheapest rates and fastest routes. Flooz analyses 40+ different decentralised exchanges to offer you a best price guarantee.

Track your performance

Track and manage all your crypto assets with real-time alerts and data. Flooz is the easy way to buy, trade, send and receive any crypto assets.

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